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Mercantil Financeira S.A - Credito, Financiamento e Investimento (Brazil)

Main Activities: Commercial Banking
Full name: Mercantil Financeira S.A - Credito, Financiamento e Investimento Profile Updated: December 20, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Portuguese Download a sample report

The Bank was founded in the decade of 1940, in the city of Curvelo, in the north/center of the state of Minas Gerais. Founded by local business men, was acquired in 1950, under the name of Banco Mercantil de Minas Gerais, by Mr. Oswaldo de Araujo and Vicente de Araujo. Today, about 200 service points are strategically distributed by the major centers of Brazil, mostly in the Southeast, especially in Minas Gerais.

Headquarters
Rua Ministro Orozimbo Nonato, 215, 15 Andar, Vila Da Serra
Nova Lima; Minas Gerais; Postal Code: 34006053

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Website: https://ri.bancomercantil.com.br/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 30, 1972
Key Executives
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Chairman of the Board of Directors
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Vice Chairman Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Director
Ownership Details
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87.57%
Subsidiaries
Mercantil Administracao e Corretagem de Seguros S.A.
99.56%
Domo Digital Tecnologia S.A.
10%
Company Performance
Financial values in the chart are available after Mercantil Financeira S.A - Credito, Financiamento e Investimento report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BRL. Absolute financial data is included in the purchased report.
Net interest income
134.93%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
91.13%
Loans and advances to customers
162.53%
Total equity
4.25%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Cost to Income Ratio
-51.6%
Loans to Asset Ratio
24.15%

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